Meanwhile, the Bollinger Bands expanded 17%, with the FBMACE above the Bollinger Middle Band, and suggests that the immediate technical outlook for the FBMACE is positive, and the positive shall remain intact until the Bollinger Bands should begin to contract.

As indicated by B, the Stochastic stays above 70%, in the short term bullish territory. This suggests that the short term movement of the FBMACE is still positive, until the Stochastic should break below 70%, which would be a signal suggesting a beginning of a technical correction.

As circled at C, the MACD histogram is still rising, and this suggests that the FBMACE is still gaining strength. If the MACD histogram should form a Rounding Top, it means that the FBMACE is losing strength, or is consolidating.

In conclusion, since breaking above the 14, 21, 31 EMA, the FBMACE is regaining some strength. However, it has not formed an uptrend yet, unless if form a higher-low.

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